I'm looking for a retrace at that s&r level. It doesn't mean that I'm selling CHF in long term. I'm also seeking for short setup below the key level 0.8888, if it breaks. IMPORTANT : For SonicR Classic entry (which I only use from the matters that ...

Sonic R. System

good place to seek for long setups ... I don't trade small waves in this situations because of the overall downtrend. If a good long setup present itself, it's probable that price will go up, at least a little. good for TP1 and setting SL @ BE. Just ...

Sonic R. System

Yes, and it's done it's job .. price bounced off of 50% level., which provided good support for short entries late Oct. Funny thing is if you posted a chart and you were biased long, I would've said the exact things you're saying to support your ...

Sonic R. System

lovely

Sonic R. System

The validity of H&S also relies on how price reacted before it. For example double bottom should be formed at the bottom of the chart so it will work the best. The H&S you referring to should form at the top of the chart. In other words, there ...

Sonic R. System

Usually traders think they are "trading" when they are "in" in market. After all these years, I found "waiting" the most difficult concept in trading. Waiting for a perfect setup to shown up. We have an enormous eager to trade. But in the long run, ...

Sonic R. System

I don't like it in the higher TF either I think I'm a lot more selective than you Maybe it's just about the personal taste ..

Sonic R. System

I don't like the waves, specially this size, in the middle of a sideway market like this. It's better to see a short setup at the top of the range and vice versa. Trade has small room to move. Just my opinion though .. Regards, Basber

Sonic R. System

Please don't trade real account if you're changing your opinion that easy. Remember, a trade should be planned BEFORE even you ENTER the market. You should consider all the alternatives. Don't shift to real account untill you have at least 6 winning ...

Sonic R. System

I consider breaking today's low at tomorrow a good sign for short-term correction. I'm already in the market, will add in mentioned condition. We also have a good support for this belief in weekly TF .. Of course the overall trend is strongly up, so ...

Sonic R. System

and I meant selling too selling below that level.

Sonic R. System

I someone is new to this thread, (s)he should try to read the whole thread first. After a while you'll understand the method and you know who's post to follow. after first pages, you should follow the post which you can learn something from them. ...

Sonic R. System

Similar trade on EJ, but not sonicR of course

Sonic R. System

SonicR is created to trade in trending market. what you shared is obviously a ranging market. Trading trending method in sideway market will not give you desired results. I prefer to enter below 1.357x Regards, Basber

Sonic R. System

I believe it's PVSRA results not SonicRs ..

Sonic R. System

Each strategy needs it's own money management, and this one is based on price movements, so SL s are better be placed beyond the last minor S&R on M15. If you are very uncomfortable with it, you can only enter trades which provide you a good space ...

Sonic R. System

TAH should defend it himself tell me one truth .. how many days did you backtest the mentioned strategy ? 30 days ? 100 days ? 300 days ?! you know that a method should be profitable in long run. I've seen people back test like they like to ...

Sonic R. System

come talk to me in one year if it didn't work out. ok ? no offence of course. It's been more than 6.5 years that I'm in this business, maybe I "should" buy some glasses ! lol Regards,

Sonic R. System

In time I descovered it's not about scratching the market for profit, it's about building a trading method. Try to create your own system, not just trading randomly whatever you like, or what ever you think that will happen. A trading system is not ...

Sonic R. System

It's better not to enter when price reaches the channel line. The logical explanation is even if price get far from that line, it can still do sideways. simply said selling below a upward signal line, is not a good Idea. and besides, it's an obvious ...

Sonic R. System